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‘Particulars furnished by shipper’ – what obligation is there on carriers to prevent container fraud?
Posted: 28/10/2024
A recent decision of the Commercial Court in Stournaras Stylianos Monoprosopi EPE v Maersk A/S [2024] EWHC 2494 (Comm) concerned a fraudulent sale in which 22 containers alleged to contain scrap copper wire in fact contained worthless concrete blocks. A quarter of a billion containers are shipped around the globe annually. Container......>>
Price Cap Coalition: updated advisory for maritime industry aims to prevent sanctions evasion
Posted: 25/10/2024
The Price Cap Coalition, which comprises the G7, EU, Australia and New Zealand, has updated its advisory for both government and private sector stakeholders in the maritime industry, setting out best practice recommendations to tackle sanctions evasion......>>
FuelEU – shipping takes another step in reducing greenhouse gas emissions
Posted: 05/09/2024
On 1 January 2025, the FuelEU Maritime Regulation (Regulation (EU) 2023/1805) shall come into force. The goal of this regulation is to reduce EU greenhouse gas emissions in the maritime sector and promote the use of renewable, low-carbon fuels, and clean energy technologies for ships. The regulation applies to all ships calling at EU ports......>>
General election 2024: what does it mean for international trade?
Posted: 20/06/2024
The biggest issue currently facing international trade is sanctions, against a turbulent geopolitical background. Our work advising banks that provide trade finance internationally on this area continues to increase, even though sanctions will be impacted far more by the U.S. election than the UK General Election. While there is little in the manifestos......>>
Enforcement of judgments from the United Kingdom in civil and commercial matters in Greece
Posted: 10/05/2024
Prior to the departure of the United Kingdom from the European Union (Brexit), the enforcement of UK judgments in Greece was exclusively governed by the so-called ‘European Regime’ provided for in Regulation (EU) No 1215/2012 (known as the ‘Recast Brussels Regulation’). The regulation, which started to apply to EU member states on......>>
Enforcement of judgments from the United Kingdom in civil and commercial matters in Spain
Posted: 01/02/2024
Prior to the departure of the United Kingdom from the European Union, the enforcement of UK judgments in Spain was exclusively governed by the so-called ‘European Regime’ provided for in Regulation (EU) No. 1215/2012 (known as ‘Brussels I bis’). This regulation provides a simplified enforcement regime that applies in the EU, without requiring......>>
The Electronic Trade Documents Act 2023 – the future is now?
Posted: 20/09/2023
A significant milestone has today been reached in the UK’s journey to the digitalisation of trade with the entry into force of the Electronic Trade Documents Act 2023. With effect from Wednesday 20 September 2023, digital versions of international trade documents such as bills of lading will have the same legal recognition under English law......>>
Navigating international disputes: enforcing judgments from India in England and Wales
Posted: 17/05/2023
This article examines the requirements and procedure governing enforcement of judgments from the courts of India in England and Wales. Enforcement of judgments between India and England and Wales is based on reciprocity, ie both countries treat judgments from one another’s courts in the same way. Judgments from ‘recognised courts’......>>
High(ly) interest(ing): arbitration, litigation and rising interest rates
Posted: 27/09/2022
Following the US Federal Reserve’s increase in interest rates by 0.75% on 20 September 2022, the prime rate at JPMorgan Chase & Co, Citigroup Inc and Wells Fargo & Co has risen to its highest level since 2008. What has this to do with English law? Simple. If you contract in currencies other than sterling, the chances are that a court or tribunal......>>
Navigating international disputes: enforcing French judgments in England and Wales
Posted: 09/08/2022
Prior to the UK’s departure from the EU, the enforcement of French judgments in England and Wales was exclusively governed by the so-called ‘European Regime’ for claims instituted after January 2015. Despite the UK’s exit from the EU in January 2020, the European Regime remains relevant today for parties that seek to enforce judgments obtained in proceedings issued prior to the UK-EU transition period ending on 31 December 2020......>>
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